M&G and EOS support Barclays fossil fuel funding resolution
M&G Investments and EOS have confirmed they will support a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms, but Norway's sovereign wealth fund will not be supporting it.
Barclays' new targets won't cause pension funds to drop climate resolution
Two UK local government pension funds announced they will vote in favour of Barclays' proposed net-zero emissions ambition resolution, but will still back a climate resolution pressuring the lender to strengthen its commitments.
Transition Pathway Initiative eyes analysis of corporate debt market
The Transition Pathway Initiative (TPI) plans to extend its analysis of management quality and carbon performance to corporate issuers of fixed income products.
Major shareholder Jupiter supports Barclays fossil fuel funding resolution
Jupiter Asset Management has joined the swelling ranks of investors supporting a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms.
PRI joins investors in creating expectations for aviation industry
The UN-backed Principles for Responsible Investment (PRI) has laid out investor expectations for the aviation sector in the transition to a low carbon economy.
Greencoat Capital launches renewables fund with £280m investment
Greencoat Capital launched a UK renewables infrastructure fund, securing an initial £277 million ($186 million) in commitments from two UK pension funds.
Transition-focused index backed by Church of England pension
The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.
£30bn pension fund targets 'not fit for purpose' finance sector
A £30 billion ($39 billion) UK government pension partnership has described the finance sector as "not fit for purpose" for addressing climate change, promising to remove firms and investments managers who fail to perform on the issue.
Investors urge Barclays to phase out fossil fuel financing activities
A group of 11 institutional investors has filed a shareholder resolution to Barclays, calling on the London-listed bank to phase out its financing for fossil fuel firms.
Brunel selects managers for £1bn emerging markets sub-fund
Brunel Pension Partnership has selected Genesis Investment Management, Wellington Management and Investec Asset Management to run a £1 billion ($1.3 billion) emerging markets sub-fund.